Gross Regional Domestic Product of Tegal Municipality by Expenditures 2019-2023

Gross Regional Domestic Product (GRDP) is an economic data tool that can be used to evaluate the economic development performance of a region. This data set can also be used for other purposes and purposes, such as a basis for developing economic models to formulate policies, the rate of acceleration of money in circulation (velocity of money), financial deepening, tax determination, export studies, import, and so on. This publication specifically discusses GRDP according to the final expenditure/demand approach. This approach is broken down into several components, namely Household Consumption Expenditures, Consumption Expenditures of Non-Profit Institutions Serving Households, Government Consumption Expenditures, Investment (Gross Fixed Capital Formation and Changes in Inventory), Foreign Exports, Overseas Imports, and Interregional Net Exports (interregional exports minus interregional imports). The GRDP data in this publication uses the base year 2010 and has implemented the 2008 System of National Accounts concept as recommended by the United Nations.